Spain | End of PIVE and anticipated purchases, led to a lower demand for passenger cars
Published on Monday, May 4, 2015
Spain | End of PIVE and anticipated purchases, led to a lower demand for passenger cars
Summary
After seasonal adjustments, BBVA Research estimates pointed to a higher reduction of passenger car registrations than expected. The end of vehicle incentive purchase plan (PIVE) and reduced demand after Easter led to a negative contribution from all channels to the evolution of sales
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- Geography Tags
- Spain
Topics
- Topic Tags
- Macroeconomic Analysis
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Authors
Juan Ramón García
BBVA Research - Principal Economist
Documents and files
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